Tag Archives: bubble

Housing Reports to Watch

Monday, June 23rd, the National Association of Realtor published it’s existing-homes sales statistics for May, which rose 4.9%.  It was the biggest gain since 2011, and a back to back increase from April, when sales rose 1.5%.  The figure was good news, not only for the housing market, which looked stalled in march, but for […]

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Not another Bubble, Trulia confirms

Many homeowners & buyers are worried that the present price increases & housing recovery is leading towards another bubble experienced back in the 2005/2006 fiasco.  Trulia has done some research comparing various price indexes to per-capita income & rent data obtained by the government & concluded that home prices are still 7% undervalued nationally, coming […]

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Phoenix Home Sales Median Price Continues to Increase

http://www.azcentral.com/business/articles/20130503phoenix-home-sales-median-price.html Metro Phoenix median home sales price rose to $175,000 in March, a 3% increase from February marking a 30% increase over the last year.  Prices are expected to continue to increase, at least until June which is our traditional peak buying season in the Valley.  However, prices still haven’t increased enough for many homeowners […]

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